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. early last year mr. quinn floated the idea that the federal government could bail out, that is the federal government, you, could bail out his state's pension program if illinois' finances took a turn for the worse. critics are pouncing saying states cannot give away big benefit packages and then expect the federal taxpayer to come to the rescue. "the chicago tribune" says the stampede of other states with pension red ink could lead to a federal taxpayer bill of over $2 trillion. that's with a t, and let me tell you, folks, that's just one estimate. others put it between 1 trillion and 25 trillion that we could potentially get to. lou dobbs is host of "lou dobbs tonight" on the fox business network, he's also a syndicated radio host. so governor quinn in illinois can't figure out how to get himself out of these pensions that they've overpromised and feel like they're going to have to underdeliver on, and he's considering making the rest of us pay for them? [laughter] >> he's considering, he's hoping, he's begging, he's wishing. the fact of the matter is governor quinn
the first one work out? he wants to hire more government workers? he wants to pick with winners and losers solyndra, losers in his case. we know where that leads. we have seen the last four years. we don't want four more years like the last four years. >> reporter: the debate at the university on long island is going to include foreign policy. to that end the governor is rolling out the foreign policy ball. he has a big speech on foreign policy at virginia military institute in lexington. >> gregg: tell us how big the first debate is playing out in the campaign ads. >> reporter: both sides are trying to portray the other as the bigger fiber. he has new ad from both campaigns and both are saying the other is untruthful from taxes to anything under the sun. take a look. >> i don't have five trillion dollar tax cut. if you just implemented it would cut five trillion dollars. >> i will not produce the taxes paid by high income americans. >> is that actually true? >> the latest, not telling the truth about mitt romney's tax plan. the ap says doesn't add up. abc news, mostly fiction. >> it won't
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